Traton to acquire Navistar

By David Sickels
Oct 16, 2020

Navistar-Advanced-Predictive-Maintenance-TMC-LT-Series-Truck

Following discussions between Navistar and Traton, Navistar’s board of directors confirmed that it will move forward with a transaction in which Traton would acquire Navistar for $44.50 per share in cash. Navistar’s board confirmed that an offer of $44.50 per share has the support of Navistar’s two largest shareholders.

JP Morgan and PJT Partners are acting as Navistar’s financial advisors. Sullivan & Cromwell LLP is providing legal counsel. Brunswick is providing communication counsel.

Click here to read the full letter submitted to Traton can be viewed here.

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Mercedes-Benz delivers truck with 1,000-ton towing capacity to German customer

The maximum trailer load of this Arocs SLT 4463 AS 8×6 is 1,000 tons.

By Alex Crissey
Nov 20, 2023

Mercedes-Benz Trucks has delivered a specially converted truck for heavy-duty transport (SLT) to the Viktor Baumann company. The maximum trailer load of this Arocs SLT 4463 AS 8x6 is 1,000 tons. For the transportation of such particularly large loads, the truck will drive in combination with several coupled trucks, so the gross combination weight can exceed 1,000 tons. The fleet says it will use their new truck for the transportation of transformers and heat exchangers.